The housing market in 39096 Lorman, MS is flourishing! According to data recently released, the median value of housing in Lorman is $75,700, which is significantly lower than the US house median value of $338,100. Despite this disparity, the 1 year house appreciation rate in Lorman is 15.63%, far higher than the US 1 year house appreciation rate of 8.27%. This indicates substantial growth in the Lorman housing market and a potential opportunity for investors and buyers looking to capitalize on this upswing.
The median home cost in Lorman (zip 39096) is $75,700. Home appreciation the last 10 years has been 49.9%. Home Appreciation in Lorman (zip 39096) is up 13.8%.
Average Age of Homes
- The median age of Lorman (zip 39096) real estate is 37 years old
The Rental Market in Lorman (zip 39096)
- Renters make up 10.5% of the Lorman (zip 39096) population
- 3.7% of houses and apartments in Lorman (zip 39096), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.